The National Company Law Appellate Tribunal (NCLAT) on Monday granted an interim stay on the liquidation of Jyoti Structures Ltd. The National Company Law Tribunal (NCLT) had earlier approved bankruptcy proceedings against the company, in response to a plea by lenders, led by State Bank of India. However, after several attempts to find a buyer…
NewsWritten by Tom Williams on August 20, 2018 A touring company of which producer Alison Wonderland (real name Alexandra Sholler) is a major stakeholder is in the process of being liquidated, after owing over $776,000 to suppliers following Wonderlands 2017 Scarehouse Project tour. Wonderland Touring Pty Ltd of which Wonderland is a 50 per cent…
DJ Alison Wonderlands touring company has gone into liquidation with an estimated $776,000 owed to Australian and New Zealander creditors, documents show. Wonderland Touring Pty Ltd., which threw 2017s massive Wonderland Scarehouse Project warehouse tour, was put into liquidation in late June after failing to pay its creditors. Despite a strong showing in Sydney, Melbourne,…
Global food delivery business Foodora has sent its Australian business into voluntary administration ahead of its exit from the country. The move comes just a fortnight after the business announced it was quitting the Australian market by August 20, claiming at the time that the business was solvent. The business today appointed Simon Cathro and…
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby inform that:Mr. Anil Kohli, Insolvency Professional (Registration No. IBBI/IPA-001/IP-P00112/2017-18/10219) has been appointed as the Resolution Professional (RP) in place of Mr. Devendra Singh for conducting Corporate Insolvency Resolution Process of Moser Baer India…
UP TO eight interested parties are negotiating with the liquidator of Ballina caravan manufacturer Kimberley Kampers over the sale of the business. Liquidator SV Partners announced it was accepting expressions of interest up until the close of business on Friday “following which they expect to be working more closely with the parties who submitted the…
Food delivery company Foodora has gone into voluntary administration in a move it says will put legal action against it on hold. Foodora Australia, which is fighting a landmark test case on the rights of workers, said voluntary administration would give it “essential breathing space”, including a suspension of claims against it. Foodora has announced it…
Food delivery company Foodora has gone into voluntary administration in a move it says will put legal action against it on hold. Foodora Australia, which is fighting a landmark test case on the rights of workers, said voluntary administration would give it “essential breathing space”, including a suspension of claims against it. Foodora has announced it…
Food delivery company Foodora Australia has entered voluntary administration just two weeks after announcing it will cease Australian operations on 20 August. The company appointed Simon Cathro and Ivan Glavas of Worrells Solvency and Forensic Accountants as voluntary administrators on Friday, 17 August. Advertisement The move will effectively suspend the ongoing sham-contr… Read the full article at: https://www.hospitalitymagazine.com.au/foodora-placed-in-voluntary-administration/
Foodora has gone into voluntary administration over concerns it cannot exit Australia solvent, suspending a potentially precedent-setting sham contracting case against the gig company. The on-demand food delivery firm appointed Worrells Solvency and Forensic Accountants on Friday just two weeks after announcing it was closing its operations on August 20. In a statement, Worrells said…